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2008-11-01
CITY-OF-BATESVILLE
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2008-11-01
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® executed and the Trustee or the Trustee, as appropriate, may authenticate and deliver a new Bond <br /> of like date,number,maturity and tenor in exchange and substitution for and upon cancellation of <br /> such mutilated Bond, or in lieu of and in substitution for such Bond destroyed or lost, upon the <br /> holder's paying the reasonable expenses and charges of the Issuer and the Trustee or the Trustee in <br /> connection therewith, and,in the case of a Bond destroyed or lost,his filing with the Trustee or the <br /> Trustee evidence satisfactory to it that such Bonds were destroyed or lost, and of his ownership <br /> thereof, and furnishing the Issuer and Trustee or the Trustee with indemnity satisfactory to them. <br /> The Trustee is hereby authorized to authenticate any such new Bond. In the event any such Bonds <br /> shall have matured or shall have been called for redemption prior to maturity, instead of issuing a <br /> new Bond, the Issuer may pay the same without the.surrender thereof. <br /> Section 210. Registration and Transfer of Bonds. The Issuer hereby constitutes and <br /> appoints the Trustee as Registrar of the Issuer,and as Registrar the Trustee shall keep books for the <br /> registration and for the transfer of the Bonds as provided in this Indenture at the principal corporate <br /> trust office of the Trustee. The person in whose name any Bond shall be registered shall be deemed <br /> and regarded as the absolute owner thereof for all purposes and payment of or on account of the <br /> principal of and interest on any such Bond shall be made only to or upon the order of the registered <br /> owner thereof,or his legal representative,and neither the Issuer,the Trustee,nor the Bond Registrar <br /> shall be affected by any notice to the contrary but such registration may be changed as herein <br /> provided. All such payments shall be valid and effectual to satisfy and discharge the liability upon <br /> such Bond to the extent of the sum or sums so paid. <br /> Bonds may be transferred on the books of registration kept by the Registrar by the registered <br /> owner in person or by his duly authorized attorney,upon surrender thereof,together with a written <br /> instrument of transfer duly executed by the registered owner or his duly authorized attorney. Upon <br /> surrender for transfer of any Bond at the principal corporate trust office of the Trustee, the Issuer <br /> shall execute and the Trustee shall authenticate and deliver in the name of the transferee or <br /> transferees a new Bond or Bonds in the same aggregate principal amount and of any authorized <br /> denomination or denominations. <br /> Bonds issued and delivered on and after the Completion Date may be exchanged at the <br /> principal corporate trust office of the Trustee for an equal aggregate principal amount of Bonds of <br /> any other authorized denomination or denominations. The Issuer shall execute and the Trustee shall <br /> authenticate and deliver Bonds which the bondholder making the exchange is entitled to receive, <br /> bearing numbers not contemporaneously then outstanding. The execution by the Issuer of any Bond <br /> of any denomination shall constitute full and due authorization of such denomination and the Trustee <br /> shall thereby be authorized to authenticate and deliver such bond. <br /> The Trustee shall not be required to transfer or exchange any Bond during the period from <br /> and including a Record Date to the next succeeding Interest Payment Date of such Bond nor to <br /> transfer or exchange any Bond after the mailing of notice calling such Bond for redemption has been <br /> made and prior to such redemption. <br /> 10 <br />
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